Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Asking about this question below. Please give me full calculations and explanations. That all information you need for this question. thanks so much! 32. Household

Asking about this question below. Please give me full calculations and explanations. That all information you need for this question. thanks so much!

image text in transcribed
32. Household Income Levels. The following crosstabulation shows the number of households (1000s) in each of the four regions of the United States and the number of households at each income level (U.S. Census Bureau website, https://www.census .gov/data/tables/time-series/demo/income-poverty/cps-hinc.html). Income Level of Household $15,000 $25,000 $35,000 $50,000 $75,000 Number of Under to to to to to $100,000 Households Region $15,000 $24,999 $34,999 $49,999 $74,999 $99,999 and over (1000s) Northeast 2733 2244 2264 2807 3699 2486 5246 21,479 Midwest 3273 3326 3056 3767 5044 3183 4742 26,391 South 6235 5657 5038 6476 7730 4813 7660 43,609 West 3086 2796 2644 3557 4804 3066 6104 26,057 Total 15,327 14,023 13,002 16,607 21,277 13,548 23,752 117,536 a. Compute the row percentages and identify the percent frequency distributions of "ounsven Band ally bing income for households in each region. b. What percentage of households in the West region have an income level of $50,000 or more? What percentage of households in the South region have an income level of $50,000 or more? c. Construct percent frequency histograms for each region of households. Do any rela- tionships between regions and income level appear to be evident in your findings? to nothog A Jaffadownward d. Compute the column percentages. What information do the column percentages provide? El S alder of nelode ar el e. What percent of households with a household income of $100,000 and over are from the South region? What percentage of households from the South region have a house- hold income of $100,000 and over? Why are these two percentages different

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematics Concepts With Applications

Authors: Charles P McKeague

1st Edition

1630983136, 9781630983130

More Books

Students also viewed these Mathematics questions